Trade Estates REIC

Overview

Trade Estates REIC is a Real Estate Investment Trust (REIT) based in Greece, focusing on investments in commercial parks and logistics centers. The company aims to develop a diversified portfolio of high-quality properties to generate stable and sustainable returns for its shareholders. The company's investment strategy involves acquiring, developing, and managing properties primarily in Greece, with a focus on retail and logistics sectors. Trade Estates REIC targets growth and late-stage investments, seeking opportunities that offer potential for value creation and long-term income generation. As of June 2025, Trade Estates REIC's portfolio includes 13 properties, comprising retail properties in Thessaloniki (Greece) and Sofia (Bulgaria); Rentis shopping center in Agios Ioannis Rentis; a retail park in Piraeus; retail properties in Nicosia (Cyprus) and Ioannina (Greece); Florida 1 retail park in Pylaia (Greece); and a commercial property in Larissa. The company has set ambitious growth targets, aiming for a portfolio valued at up to €1 billion by 2031. Trade Estates REIC is listed on the Athens Stock Exchange under the ticker symbol TRESTATESr. The company is managed by a team of experienced professionals, with Vassilis Fourlis serving as the Chairman of the Board and Dimitris Papoulis as the Chief Executive Officer.